PROPOSEDPROPOSED BILLMichiganLOW IMPACT
Law change in Michigan
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PROPOSED LEGISLATIONThis bill has been introduced but has NOT been signed into law. Legislative proposals may be amended, passed, or fail to advance. This is not current law.
Michigan legislative item tracked as metadata only. Consumer credit: interest rates; prepayment penalties on certain mortgage loans made for business purposes; allow. Amends sec. 1c of 1966 PA 326 (MCL 438.31c).. Status: Introduced.
Published May 21, 2026
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